Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Debt-to-Equity : 0.09 (As of Sep. 2023)

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What is Ecofin Global Utilities and Infrastructure Trust Debt-to-Equity?

Ecofin Global Utilities and Infrastructure Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Ecofin Global Utilities and Infrastructure Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £20.00 Mil. Ecofin Global Utilities and Infrastructure Trust's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £211.98 Mil. Ecofin Global Utilities and Infrastructure Trust's debt to equity for the quarter that ended in Sep. 2023 was 0.09.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ecofin Global Utilities and Infrastructure Trust's Debt-to-Equity or its related term are showing as below:

LSE:EGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: 0.18
Current: 0.09

During the past 7 years, the highest Debt-to-Equity Ratio of Ecofin Global Utilities and Infrastructure Trust was 0.18. The lowest was 0.07. And the median was 0.11.

LSE:EGL's Debt-to-Equity is ranked better than
70.62% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs LSE:EGL: 0.09

Ecofin Global Utilities and Infrastructure Trust Debt-to-Equity Historical Data

The historical data trend for Ecofin Global Utilities and Infrastructure Trust's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ecofin Global Utilities and Infrastructure Trust Debt-to-Equity Chart

Ecofin Global Utilities and Infrastructure Trust Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.11

0.15

0.18

0.11

0.09

Ecofin Global Utilities and Infrastructure Trust Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial									0.18	0.13	0.11	0.10	0.09

Competitive Comparison of Ecofin Global Utilities and Infrastructure Trust's Debt-to-Equity

For the Asset Management subindustry, Ecofin Global Utilities and Infrastructure Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ecofin Global Utilities and Infrastructure Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ecofin Global Utilities and Infrastructure Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ecofin Global Utilities and Infrastructure Trust's Debt-to-Equity falls into.

Ecofin Global Utilities and Infrastructure Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ecofin Global Utilities and Infrastructure Trust's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	20.002)	/	211.977
	=	0.09

Ecofin Global Utilities and Infrastructure Trust's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	20.002)	/	211.977
	=	0.09

Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ecofin Global Utilities and Infrastructure Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ecofin Global Utilities and Infrastructure Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ecofin Global Utilities and Infrastructure Trust PLC (LSE:EGL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EGLl:UK

Address

Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY

Website

https://www.ecofininvest.com

Ecofin Global Utilities and Infrastructure Trust PLC is an investment trust which is engaged in portfolio investment. The investment objective of the company is to achieve a high, secure dividend yield on its investment portfolio and to realize long-term growth in the capital value of the portfolio.

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